We have taken extraordinary measures to assist the financial sector. We have taken very few effective measures to assist homeowners.

The information that we have from the Internal Revenue Service is that the top 400 tax income earners in the country from the last time the IRS did this calculation, they earned, on average, a little over a third of a billion dollars each…

It seems to me, Secretary Reich, you mentioned the failure of the United States to maintain the traditional, progressive tax structure.

The point you are making, and I agree with it entirely, is that if you look at all of the taxes, who pays, where the wealth is, our system is not only regressive but it is getting more and more regressive.

But this raises a larger question, then, in terms--that I have with respect to the amount of resources going to pediatric research.

But that's an initiative that Senator Hatch and I worked on and I hope it contributed to that great story.

Although it was a chore for them to get through the initial adoption process, if you go to the Thundermist Health Center in Woonsocket which is probably one of our leaders on this, and you tried to take away their health information…

I want to thank Senator Sanders for holding this very important hearing. He has shown a lot of leadership in this area.

Well, my time has expired, Chairman, but again, let me thank you.

I think what you underscore is at least the question about whether markets are so efficient that they always self-correct and always self-regulate.

I think we really need to be working on those boundaries, and I think that 'as open as possible' is simply not an adequate standard to this task.

And from your point of view, the Trojan horse analogy for some apps is a fair one.

I think you are absolutely right. One of the examples that helped prompt me to work on this effort was the testimony that Senator Burr and I took at a hearing of a North Carolina housing advocate describing how two or three veterans were…

our experience in Rhode Island is that in these low to moderate rentals, the price over the last several years has gone up 45 percent.

this Housing Trust Fund would provide affordable rental housing and do it in a consistent way.

I think also, too, your emphasis on analyzing and ensuring that these are funds that the cost-benefit makes sense.

Thank you very much, Mr. Chairman, and thank you, Mr. Secretary, for your great leadership.

When you have got the eminent justices of the South Carolina court saying this is so offensive to the basic legal rights and rights of our citizens that we are going to order banks not to foreclose until they have cleaned this up, we have…